Reported about 18 hours ago
Charter Space, founded by Yuk Chi Chan, integrates fintech into spacecraft insurance to enhance risk evaluation, aiming to lower costs and increase the number of insured satellites. By directly connecting manufacturing data to underwriters, Charter speeds up the insurance process, making it more efficient and accessible for space companies. The startup, a finalist at TechCrunch Disrupt 2025, seeks to create a safer space industry while unlocking alternative funding sources beyond traditional venture capital.
Source: YAHOO